Profit

NorgesGruppen Reports 9.3% Increase In Operating Income In FY 2023

NorgesGruppen has posted a 9.3% increase in operating income to NOK 112.2 billion (€9.7 billion) in its financial year 2023.

Cheerios Maker General Mills Tops Quarterly Sales, Profit Estimates On Higher Prices

General Mills topped market expectations for third-quarter sales and profit, backed by higher prices for its breakfast cereals, snack bars and pet food pro...

Mercadona Posts Double-Digit Sales Growth In FY 2023

Spanish retailer Mercadona has reported a 15% increase in sales, to €35.5 billion, in its 2023 financial year.

HelloFresh Warns On Profit Again, Scraps Mid-Term Guidance

German meal-kit maker HelloFresh provided a 2024 core earnings forecast way below expectations, shocking the market for a second time in five months after...

Hormel Foods Beats Estimates As Demand Remains Resilient

Skippy peanut butter maker Hormel Foods topped market expectations for first-quarter sales and profit, helped by resilient demand for its high-priced meat...

Reckitt Misses Fourth-Quarter Like-For-Like Net Sales Expectations

Consumer goods group Reckitt missed fourth-quarter like-for-like net sales expectations with some investors criticising the company's 'vague' outlook for t...

Glanbia Sees Decline In Full-Year Revenue, EPS Up By A Fifth

Nutrition group Glanbia has reported group revenues of $5.4 billion in its full year 2023, representing a decline of 8.7% compared to the previous financia...

UK's McBride Raises Full-Year Profit Expectations

British cleaning products maker McBride raised its annual profit expectations, thanks to resilient demand for private-label products and new contract wins.